30-10-2014 23:52:00 | by: Administrator | hits: 22106994 | Tags:

Marriott International and Palm Hills Developments sign agreement to open the Ritz-Carlton Cairo, Palm Hills in Egypt
05-12-2023 | 09:39:00
Marriott International, Inc. Has announced it has signed an agreement with Palm Hills Developments to open The Ritz-Carlton Cairo, Palm Hills, signaling a commitment to strengthening its portfolio of properties across the company’s luxury brands in Egypt.
West African Development Bank and Africa Finance Corporation form strategic partnership to drive economic development
04-12-2023 | 05:53:45
AFC and West African Development Bank announced a strategic Memorandum of Understanding (MoU), solidifying their joint commitment to promote infrastructure and economic progress across Western African state.
Global and African partners pledge $175m to the Alliance for Green Infrastructure in Africa
04-12-2023 | 05:43:00
In a powerful signal of support during COP28, African and global institutions together with governments of Germany, France and Japan and philanthropies have pledged over $175 million to the Alliance for Green Infrastructure in Africa (AGIA).
COMESA launches trade in services portal to support online negotiations
01-12-2023 | 13:47:38
The portal provides tools to ensure the technical quality of the offers being made and exchanged are transparent and confidentiality in information sharing. It also provides messaging tools for users to interact safely and support the provision of trade in services data collected from all Member States.
BOAD autorise de nouveaux engagements pour un montant global de 117 milliards FCFA
30-11-2023 | 07:30:00
Le Conseil d’Administration de la Banque Ouest Africaine de Développement (BOAD) s’est réuni et autorise de nouveaux engagements pour un montant global de 117 milliards FCFA.
International Trade Centre (ITC) and TRAIDE Foundation promote direct Dutch-Ethiopian coffee trade
29-11-2023 | 09:10:00
The International Trade Centre is collaborating with the TRAIDE Foundation and the Embassy of the Kingdom of the Netherlands to promote direct, long-term trade linkages between Dutch green coffee buyers and Ethiopian coffee producers.
[Column] Hassan Egeh: What does it mean for Somalia to join East Africa Communities (EAC)?
29-11-2023 | 08:30:00
Somalia was admitted into the East African Community (EAC) on Friday Novermber24, 2023 the eighth member of the bloc as it seeks to expand free trade across the region.
Tata International expands operations in Nigeria at Lagos Free Zone
28-11-2023 | 16:08:46
The agreement was signed in the presence of Anand Sen, Managing Director of Tata International Limited, by Managing Director of Tata Africa Holdings Pty Ltd, Len Brand. This marks a significant milestone in the company's commitment to the region.
Somalia joins East African Community
28-11-2023 | 12:53:15
It joins Kenya, Burundi, the Democratic Republic of the Congo, Rwanda, South Sudan, Uganda and Tanzania in the bloc.
IMAP celebrates 50 years of mergers & acquisitions
27-11-2023 | 10:15:00
IMAP began in 1973 in the US, initially under the name NAMAC (National Association of Merger and Acquisition Consultants). In order to reach new markets and create opportunities for its clients, it started recruiting top M&A advisory firms outside the US, and rebranded IMAP, standing for the International M&A Partnership.
Le programme ''Comment Exporter avec la ZLECAf'' a signé les deux accords clés à l'occasion de l'IATF 2023
27-11-2023 | 10:00:00
Les Accords visent à accélérer la Croissance Économique et à établir une Plateforme pour les Échanges de Connaissances et le Renforcement des Capacités en Afrique
La BAD accorde un financement de près de 87 millions d’euros pour la réalisation de l’Agropole Nord
27-11-2023 | 09:30:00
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé l’octroi d’un prêt de 86,89 millions d’euros au Sénégal pour développer une zone de transformation agro-industrielle dans le Nord du pays.
SGS launches EAC-ready certification scheme for exporters to East Africa
24-11-2023 | 12:16:00
SGS EAC-Ready certification is a voluntary certification scheme that simplifies the process for exporters entering markets in the republics of Burundi, Congo, Kenya, Rwanda, South Sudan, Tanzania and Uganda.
[Free Webinar] Unlocking Success in New Markets: Cross-Border Payments Strategies for South African Businesses
23-11-2023 | 21:45:00
Embark on a journey through the dynamic realm of international finance with our upcoming webinar, where we unravel the intricacies of global payment strategies essential for triumph in the finance sector.
TechnoServe Launched the Burundi Better Coffee Initiative in New Bujumbura Office
22-11-2023 | 13:30:00
The Burundi Better Coffee Initiative, "Ikawa Nziza mu Burundi”, will benefit over 50,000 coffee farmers in Burundi over the next five years by focusing on improving quality and climate resilience.
Afreximbank awarded “Sustainable Deal of the Year” for pioneering the Liquidity and Sustainability Facility
22-11-2023 | 11:30:00
The African Export-Import Bank (Afreximbank) has been recognised with a much-coveted “Sustainable Deal of the Year” award for its pioneering work in the establishment and development of the Liquidity and Sustainability Facility (LSF), a vehicle that seeks to increase liquidity and demand for Eurobonds issued by African Sovereigns.
CIF in building the most important financial center for the Middle East
22-11-2023 | 11:00:00
Cairo International Financial Center to be the most important financial center and the primary platform for venture capital funds in the Middle East.
EU, COMESA sign € 48.2 million financing agreements
22-11-2023 | 10:12:00
The Trade Competitiveness and Market Access program (EUR 40 million) will focus on improving the overall trade competitiveness of COMESA member states, while seeking opportunities that come along with global challenges, such as climate change, and making trade more sustainable.
[EVENT] Verto FX partners with UBA Kenya to launch Verto Atlas
21-11-2023 | 10:49:29
Join us for an exclusive event launch, as we unveil Verto Atlas, the financial powerhouse for large corporations and enterprises in Kenya, hosted by Verto on Thursday 23rd November.
Arab Coordination Group pledges US$50 billion for African development
20-11-2023 | 08:15:00
Stepping up their support for African partner countries ahead of the crucial COP28 climate change conference, the Arab Coordination Group (ACG) announced today that it aims to allocate up to US$50 billion to help build resilient infrastructure and inclusive societies in the African continent.
UBA Plc has received a trade finance facility worth $150m from the Afreximbank
20-11-2023 | 06:21:00
Afreximbank Avails UBA $150m Trade Finance Facility to Cushion Effect of Ukraine War on Customers.
Ethiopian Airlines and Rolls-Royce sign service agreement
17-11-2023 | 10:22:11
TotalCare is designed to provide operational certainty for customers by transferring time on wing and maintenance cost risk back to Rolls-Royce.
Visa accelerates support for small and micro businesses globally
16-11-2023 | 12:21:25
Visa announced it has exceeded its three-year goal of digitally enabling 50 million SMBs globally by June 2023 and has now helped nearly 67 million SMBs.
Egypt and India explore local currency settlements to strengthen economic ties
16-11-2023 | 06:15:00
Egypt and India have signed bilateral cooperation between the two countries that will help confront global economic challenges.
Kaspersky opens its first African Transparency Center in Rwanda
15-11-2023 | 19:15:00
The new center offers its visitors a comprehensive overview of Kaspersky's engineering and data processing practices, and a live demonstration of the source code for its products and services.
[EVENT] Verto FX partners with UBA Kenya to launch Verto Atlas
15-11-2023 | 15:52:00
Join us for an exclusive event launch, as we unveil Verto Atlas, the financial powerhouse for large corporations and enterprises in Kenya, hosted by Verto on Thursday 23rd November.
[Column] Michael Muhangi: Africa’s continental integration offers opportunities for cross-border expansion
15-11-2023 | 11:00:00
With the gradual elimination of political, economic, and regulatory barriers has come a need for financial institutions to adopt a strong trans-regional focus.
Shekel Mobility secures $7M to drive vehicle financing in Africa
15-11-2023 | 09:00:00
Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC to reinforce his activities.
L’Africa Investment Forum recueille 34,82 milliards de dollars d’intérêts d’investissement
15-11-2023 | 07:26:00
Les Market Days 2023 de l’Africa Investment Forum (AIF) ont suscité 34,82 milliards de dollars d’intérêts d’investissement pour des projets dans les infrastructures, l’agriculture, les soins de santé et les industries créatives.
Volkswagen signs agreement with Government of Egypt for strategic co-operation viability study of shared automotive painting facility
14-11-2023 | 17:05:00
Volkswagen and Government of Egypt have signed an agreement to work together to develop a feasibility study on a shared automotive painting facility within the East Port Said Industrial Zone in the East Port Said Automotive Zone in Cairo.
Partenariat stratégique entre Stellantis et Leapmotor
13-11-2023 | 07:15:00
Stellantis devient actionnaire stratégique de Leapmotor avec un investissement de 1,5 milliard d’euros et développera l’activité internationale des véhicules électriques Leapmotor.
Gold in Nigeria: From ore to ornamentation
13-11-2023 | 07:15:00
The importance of this entire process to the Nigerian economy cannot be overstated. Each step in the trade gold Nigeria chain contributes to the livelihoods of people involved and the economy as a whole.
Yedpay collaborates with Mastercard to lead the future of payment technology
13-11-2023 | 06:04:00
Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.
Arab Coordination Group pledges $50 billion for African development
10-11-2023 | 11:02:41
The Arab Coordination Group (ACG) has announced that it aims to allocate up to US$50 billion to help build resilient infrastructure and inclusive societies in the African continent.
Fets partners with UnionPay to launch virtual cards in Nigeria
09-11-2023 | 13:37:16
Funds & Electronic Transfer Solutions Limited (Fets) and UnionPay International have jointly announced a partnership to issue virtual cards through the Fets App to grow the UPI card issuance in Nigeria.
Africa Finance Corporation, Saudi Fund for Development partner to drive sustainable Development in Africa
09-11-2023 | 13:03:56
The MoU, signed on the afternoon of the Saudi-Arab-African Economic Conference in Riyadh, Kingdom of Saudi Arabia (KSA), signals the intent of AFC and SFD to coordinate in identifying, developing, and co-financing infrastructure and development projects across the continent.
[Column] Bill Blackie: Exploring synergies between AGOA and AfCFTA: The case for African exports
08-11-2023 | 13:08:41
Africa is often characterised as a continent poised for economic growth and development. Often, prosperity and development in Africa can be linked back to exports and the benefits that they generate.
Aleph Hospitality signs contract to manage its second hotel in Kigali, Rwanda
08-11-2023 | 12:59:28
Dubai-based independent hospitality management company Aleph Hospitality has signed a contract to manage Zaria Court Hotel in Kigali, Rwanda.
OCP, UM6P et Regrow sign a partnership to develop a MRV system
08-11-2023 | 07:30:00
OCP Group, the world’s largest phosphate-based fertilizer producer, the University Mohammed VI Polytechnic (UM6P), and American agriculture startup Regrow have signed a strategic partnership to develop an MRV (Measuring, Reporting, and Verification) system specific to African soil.
MainOne, an Equinix Company, expands Data Center footprint in Cote d’Ivoire
06-11-2023 | 11:34:47
This expansion aims to further empower digital transformation, foster innovation, and support the ever-increasing demand for data processing, storage, and connectivity in Cote d’Ivoire and Francophone West Africa.
[Kenya] Swiss-Belhotel International continues expansion in Africa with second property in Nairobi
02-11-2023 | 11:03:00
This development comes less than a month after the signing of its previous hotel in the city.
COMESA’s global trade rises by 15 per cent
02-11-2023 | 11:01:00
The largest exporting countries in the COMESA region were Libya, Egypt, Tunisia and Sudan. These had a combined market of 98% in exported fuels in 2022.
India’s energy solutions brand Luminous Power Technologies forays into South Africa
02-11-2023 | 10:55:42
Having established a strong foothold across the African continent in the past 15 years, this landmark partnership is a major milestone for Luminous Power Technologies as it further strengthens its foothold in the African market.
Afreximbank announces the historic issuance of the first-ever multi-border transit bond for Zambia
02-11-2023 | 09:00:00
Afreximbank announces historic issuance of the first-ever multi-border transit bond in Zambia under the Afreximbank African Collaborative Transit Guarantee Scheme (AATGS).
Afreximbank signs term sheet for US$40million pre-export facility for Johnvents Industries Limited
02-11-2023 | 06:18:00
The African Export-Import Bank (Afreximbank) in Houston, United States, signed a term sheet for a US$40million pre-export facility in favour of Johnvents Industries Limited.
Shippo and Cover Genius partner to enhance insurance solution for merchants
30-10-2023 | 19:30:00
Shippo and Cover Genius have partnered to debut Shippo Total Protection, an enhanced insurance solution for merchants.
BAD lance une initiative de renforcement des capacités pour améliorer le commerce en Afrique de l’Est
30-10-2023 | 09:15:00
Les programmes de facilitation des échanges de la Banque étaient conçus pour réduire les obstacles au commerce international et faciliter le commerce intra-africain et extérieur.
CRDB Bank’s First Green Bond to finance climate-friendly development in Tanzania
30-10-2023 | 06:24:00
To boost access to finance for climate-friendly development projects in Tanzania, IFC has announced an investment in CRDB Bank Plc's first green bond.
New tool to reduce $5.4 trillion ESG investment gap in emerging markets
29-10-2023 | 21:35:00
After the success of the Inclusive ESG Framework developed by FII Institute in 2022, this year, FII Institute has partnered with ESG Book to create an online tool and score for investors to analyze ESG performance and make better investment decisions.
Africa Finance Corporation to lead US-backed development of the Lobito Corridor and Zambia-Lobito Rail Line
27-10-2023 | 10:00:00
AFC joined with the U.S. Government, EU, AfDB and the governments of Angola, the Democratic Republic of Congo and Zambia to sign a Memorandum of Understanding (MoU) to develop the Lobito Corridor connecting northwest Zambia to the Benguela rail line in Angola and ultimately to the port of Lobito.
AfDB and the African Guarantee Fund joined forces for women’s financial inclusion in Nigeria
27-10-2023 | 08:00:00
The African Development Bank Group, and the African Guarantee Fund, have made a strong case for the positive impact of increasing women’s financial inclusion on Nigeria’s economy, before an audience of senior Nigerian government and banking leaders in Lagos.
[column] Isaah Mhlanga: Business tie-ups with the state are essential for economic growth
26-10-2023 | 09:00:00
There has been debate about the emerging close relationship between the private business community and the government, which is seen in efforts to fix critical infrastructure that constrains economic growth, job creation and poverty alleviation.
RMB reaffirms partnership with China Construction Bank to boost China-African business
26-10-2023 | 08:00:00
RMB to announce that it has extended its partnership agreement with China Construction Bank (CCB) for a further five years.
Eni celebrated sail away of the Tango FLNG and Excalibur FSU vessels to Congo
26-10-2023 | 07:15:00
The milestone aligns with the timeline of the Congo LNG project, whose first phase will startup in December 2023. The project will reach approximately 4.5 BCMA of gas liquefaction capacity at plateau.
EBRD supports copper cable manufacturer in Egypt
25-10-2023 | 07:15:00
EBRD provides US$ 50 million loan to the Egyptian copper rods manufacturer UMC, a subsidiary of Elsewedy Electric group.
Afreximbank announces historic issuance of the first-ever multi-border transit bond in Zambia
24-10-2023 | 20:54:00
Afreximbank has announced historic issuance of the first-ever multi-border transit bond in Zambia under the Afreximbank African Collaborative Transit Guarantee Scheme (AATGS).
[Free Webinar] The Verto Hour: Streamlining Payments for Manufacturers and Suppliers in Eastern and Western Africa
24-10-2023 | 11:42:00
Join this webinar that empowers both manufacturers and suppliers operating in African markets with valuable insights and actionable strategies to streamline their payment processes and ensure uninterrupted supply chain continuity.
TDB, MIGA and OCP group to enhance collaboration in Africa to boost food security
23-10-2023 | 08:00:00
The Eastern and Southern African Trade and Development Bank (TDB), the Multilateral Investment Guarantee Agency (MIGA) and OCP Group have signed a Memorandum of Understanding (MoU) to enhance collaboration in addressing agriculture and food security challenges in Africa.
Perenco Oil & Gas Gabon to announce the startup of production following the Hylia South West Discovery
23-10-2023 | 08:00:00
Perenco Oil & Gas Gabon (POGG) has announced the successful startup of production following the Hylia South West Discovery located offshore Gabon in 40 meter water depth, 10km south of the Hylia field.
IFC et Sony s'associent pour soutenir la croissance du secteur de la création en Afrique
23-10-2023 | 06:42:00
IFC, membre du Groupe de la Banque mondiale, et Sony Group Corporation ont annoncé la signature d'un accord de coopération visant à rechercher des opportunités d'investissement dans des entreprises des industries créatives en Afrique.
TDB and ITFC sign MoU to strengthen trade between OIC member states and those of TDB
22-10-2023 | 21:41:16
Under the MoU, TDB and ITFC will harmonize their efforts to provide robust trade finance solutions to better serve their respective Member Countries in Africa.
Afreximbank and CEXIM sign $600 million loan to fund loans and trade finance transactions
20-10-2023 | 15:04:55
The purpose of the loan is to facilitate and finance the trade and economic cooperation between the member states of Afreximbank and the People’s Republic of China (PRC).
Airtel Money and TerraPay to offer mobile money services for Tanzanian customers traveling within the UAE
20-10-2023 | 11:14:05
This announcement follows the recent launch of the 10% Fly Dubai discount announced in July.
Alitheia IDF has invested $5m in a South African woman-owned textile company, IVILI Group
19-10-2023 | 08:26:10
Alitheia IDF, the first dedicated gender focused investing Private Equity Fund in Africa, has invested $5m in a South African woman-owned textile company, IVILI Group.
FEDA invests in Cabinda Oil Refinery
19-10-2023 | 08:07:07
FEDA invests in Cabinda Oil Refinery, supporting Angola’s energy independence and the reduction of carbon emissions.
Lipa Later Group joins forces with Mastercard to promote Financial Inclusion in Africa
19-10-2023 | 07:24:24
Lipa Later Group has announced a new partnership with Mastercard, to promote Buy Now, Pay Later Solutions in African Markets.
La République du Tchad entame le processus d'adhésion à Africa50 pour devenir actionnaire
19-10-2023 | 07:09:00
La République du Tchad et Africa50, la plateforme panafricaine d'investissement dans les infrastructures, ont annoncé aujourd'hui le début des démarches pour accueillir la République du Tchad comme nouveau pays actionnaire.
Amazon announces the launch of Amazon.co.za in South Africa in 2024
19-10-2023 | 06:53:00
Amazon announced that it will launch Amazon.co.za in 2024, providing South African-based sellers the ability to reach customers across the country starting next year.
United Kingdom pledges R20 Million to Africa's critical minerals
19-10-2023 | 06:32:00
The UK will help African countries identify and develop bankable opportunities within their critical minerals value chains, with a view to promoting responsible exploration and development, capturing greater value and effectively managing extractive sector revenues.
Mulk International launches a state-of-the-art lifestyle property in Zimbabwe
18-10-2023 | 18:51:00
Zim Cyber City is an incredible world-class property development that was recently launched and opened in Harare, Zimbabwe by Mulk International.
The Eastern and Southern African Trade and Development Bank and ITFC sign MoU to promote trade between common member states in Africa
18-10-2023 | 13:02:17
Under the MoU, TDB and ITFC will harmonize their efforts to provide robust trade finance solutions to better serve their respective Member Countries in Africa.
Egypt issues Africa’s first Sustainable Panda Bond worth $478 million backed by AfDB and AIIB
18-10-2023 | 12:55:10
The African Development Bank and the Asian Infrastructure Development Bank provided partial credit guarantees to support the issuance, paving the way for other African countries to access fast-growing Chinese debt capital markets.
Bill Gates a annoncé un financement de 40 millions de dollars pour faciliter la recherche de vaccin ARN
18-10-2023 | 07:58:00
La B&M Gates Foundation promet 40 millions $ d’investissement pour aider à développer une plateforme IA en Afrique lors de la Réunion annuelle Grand Challenges 2023.
AFC and Turk Eximbank collaborate to increase trade and infrastructure investment between Africa and Türkiye
18-10-2023 | 07:05:00
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, and the Export Credit Bank of Türkiye (Türk Eximbank), Türkiye’s official export credit agency signed an agreement to increase inter-regional cooperation, investment and trade between Türkiye and Africa.
AFC and SMDF of Nigeria forge strategic partnership to derisk mining industry
18-10-2023 | 06:43:22
Africa Finance Corporation (AFC) and the Solid Minerals Development Fund of Nigeria (SMDF) announced a transformative partnership aimed at derisking Nigeria's mining sector and scaling up artisanal miners in the country to an industrial level of operation.
DFC signs statement reaffirming ongoing partnership for Ghana facility investment
17-10-2023 | 09:15:00
U.S. International Development Financing Corporation Chief Executive Officer (CEO) Scott Nathan traveled to Accra, Ghana, to meet with prospective private sector partners to discuss opportunities to work together to promote economic growth in Ghana.
MVola et MFS Africa unissent leurs forces pour faciliter les envois d’argent vers Madagascar
17-10-2023 | 08:15:00
MVola élargit, grâce à son partenariat avec MFS Africa, ses partenaires remittance. A compter de ce 13 octobre la diaspora Malagasy pourra envoyer de l’argent à leurs proches à Madagascar.
Emerging markets investment bank BancTrust announces launch of affiliate in Nigeria
13-10-2023 | 09:58:36
BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, has announced the official launch of a new affiliate office in Lagos, Nigeria.
Africa's total exports expected to hit close to $1 trillion by 2035, report
12-10-2023 | 10:19:12
Standard Chartered has published its Future of Trade: Africa report, highlighting the outlook for African trade and providing a view of the African Continental Free Trade Area (AfCFTA) as a key proponent of optimising intra-African trade.
Thales To modernize Zambia’s air traffic control with latest automation solution
12-10-2023 | 10:10:01
This upgrade will enhance flight safety by mitigating the risk of degraded radio communications. VHF channels will still be available as the primary mode of communication in the Flight Information Region (FIR).
British International Investment partners with Access Bank Plc to extend $60 million trade finance facility
11-10-2023 | 14:03:00
British International Investment partners with Access Bank Plc extended $60 million to ensure availability of key commodities across import-dependent economies and critical inputs for manufacturing goods, medicine, commodities, construction, food and agriculture across five African countries.
Mediterrania Capital partners heads a €57 million investment in CASH PLUS
11-10-2023 | 13:35:00
Mediterrania Capital Partners heads a €57 million investment in CASH PLUS, Morocco’s leading fintech and financial services provider, with FMO and IFC.
ARISE IIP investit dans Crystalchain pour lutter contre le changement climatique
11-10-2023 | 12:06:40
ARISE IIP investit dans Crystalchain pour lutter contre le changement climatique et renforcer la traçabilité au sein de ses parcs industriels.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
10-10-2023 | 10:35:00
Join this insightful webinar that delves into the world of global payment strategies tailored to empower seamless trade within the shipping and logistics industry.
Telecom Egypt and 4iG sign an MoU to construct a high-capacity subsea cable between Egypt and Albania
10-10-2023 | 10:06:11
It represents a qualitative addition to the existing Mediterranean routes, connecting to the main internet points of presence (PoP) in Europe such as the ones in Budapest, Vienna, and Frankfurt, in addition to numerous potential PoPs in Eastern Europe.
EAC-EU develop joint roadmap to foster digital transformation in East Africa
10-10-2023 | 10:00:20
Both sides committed and agreed to foster a human-centric digital transformation in East Africa to utilize digital technologies and innovations for regional integration.
Africa50 et la Gambie signent une convention dans le cadre du Programme d’Africa50 dédié au recyclage d’actifs
09-10-2023 | 15:25:00
Africa50 et la Gambie signent une convention d'actionnaires pour la gestion du pont de la Sénégambie dans le cadre du Programme d’Africa50 dédié au recyclage d’actifs.
Trident OGX Congo secures US$300 million to raise crude oil production growth in Congo
09-10-2023 | 14:10:00
The Afreximbank in Brazzaville signed an agreement to provide a $300 million facility to Trident OGX Congo in a transaction expected to raise the Republic of Congo’s crude oil production by an estimated 30 per cent.
Inaugural Board Meeting of the AfCFTA Adjustment Fund Corporation Holds in the Republic of Rwanda
09-10-2023 | 14:03:37
Following the mandate by the African Union (AU) Summit of Heads of State and Government and the AfCFTA Council of Ministers responsible for Trade , Afreximbank and the AfCFTA Secretariat were mandated to establish and operationalise the AfCFTA Adjustment Fund through a General Partnership – the AfCFTA Adjustment Fund Corporation – with operations of the Fund domiciled in Rwanda.
[South Africa] Western Cape launches Export Certificate Office System
06-10-2023 | 08:13:03
The Western Cape Department of Agriculture’s Veterinary Services recently launched its innovative Export Certificate Office System (ECOS)
IATA secures more airlines as data contributors to its CO2 Connect emissions calculator
06-10-2023 | 07:31:41
The International Air Transport Association (IATA) will be adding further airlines and airline groups as data contributors to its CO2 Connect emissions calculator, hence improving the quality and accuracy of the tool.
Telecom Egypt signs deal with Medusa Submarine Cable System to extend submarine cable to the Red Sea
05-10-2023 | 10:23:30
The 8,760 km long submarine cable, which will land in the Egyptian city of Port Said by the end of 2025, will be connected to the Red Sea landing stations of Suez, Zafarana, and Ras Ghareb through Telecom Egypt’s extensive terrestrial crossing network.
Viamericas and Kori Global Services expand international remittances services in Africa
05-10-2023 | 10:17:29
Headquartered in Abidjan, Ivory Coast, Kori extends Viamericas’ African coverage to Burkina Faso, Cameroon, Senegal, Ivory Coast, Benin, Togo, Mali, Congo (Brazzaville), Gabon, Chad, Central African Republic, and Equatorial Guinea.
Visa, YellowPepper & ABHI partner to provide Account-to-Account payments in CEMEA Region
04-10-2023 | 15:04:00
Visa announced a partnership agreement with ABHI that aims to revolutionize the financial landscape by driving innovation, promoting financial inclusion, and accelerating the adoption of new payment solutions in the CEMEA region.
Avec 1 milliard de dollars d'investissements au Nigéria, Proparco fête ses 15 ans de présence dans le pays
04-10-2023 | 12:45:00
Proparco, institution financière de développement française, est fière de marquer ses 15 ans d'activité au Nigéria, et d’annoncer 1 milliard de dollars investis sur la période.
Joliba Capital et LBO France annoncent le premier closing de Joliba Capital Fund I
04-10-2023 | 12:18:00
Le Fonds concentrera ses investissements dans les pays francophones d’Afrique de l’Ouest et d’Afrique Centrale pour développer des champions régionaux de petite et moyenne taille à la recherche de capital et de soutien opérationnel.
IFC et PROPARCO soutiennent le développement des infrastructures urbaines durables au Rwanda
04-10-2023 | 10:44:00
La Société financière internationale (IFC) et Proparco, ont annoncé un accord de financement avec le Groupe Duval pour développer à Kigali un projet immobilier à usage mixte, respectueux du climat, qui appliquera des méthodes de construction durables et permettra de créer des centaines d'emplois.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
03-10-2023 | 21:53:00
In the rapidly evolving landscape of shipping and logistics, effective cross-border payment strategies have emerged as a critical driver of success. Join this insightful webinar that delves into the world of global payment strategies.
Amethis announce an investment in Energy Transfo
02-10-2023 | 15:25:31
Amethis is pleased to announce that it has acquired a minority stake in Energy Transfo, a major player in the design and manufacture of solutions for the electricity and renewable energy sectors in Morocco.
Afreximbank urges prioritisation of export trading companies to drive African SME participation in global trade
28-09-2023 | 11:55:12
The African Export-Import Bank (Afreximbank) has called on African countries to prioritise the development of public and private export trading companies (ETCs) in order to position the continent’s small and medium enterprises (SMEs) to participate effectively in global trade.